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News
Vertiv’s Irish profits more than double as data centre equipment sales surge
2+ week, 10+ hour ago (459+ words) The Irish unit of Vertiv, a data centre parts manufacturer, booked a significant rise in profits last year as sales of IT infrastructure equipment surged. New financial filings for Vertiv Ireland Limited, which makes power, cooling and IT infrastructure for…...
Chipmaker Analog Devices shifts €5.4bn from Irish operation to US
2+ week, 4+ day ago (478+ words) US semiconductor manufacturer Analog Devices has used an Irish entity to shift more than €5.4 billion of dividends back to the US in less than two years. The company, valued at more than $181 billion (€155.6 billion), employs close to 2,000 people across operations…...
HSE agrees to fund drug for patients with Friedreich’s ataxia
2+ week, 6+ day ago (359+ words) The HSE has approved the reimbursement for a treatment for a rare genetic disorder, Friedreich’s ataxia, making it available for Irish patients. The disease causes progressive damage to the nervous system, and individuals with the condition have a shorter than…...
Ireland facing €2.8m penalty plus daily fines for failing to adopt EU cybersecurity rules
3+ week, 10+ hour ago (405+ words) The State could face financial penalties of €2.8 million, alongside daily fines, as a result of the delay in transposing new European Union cybersecurity rules into law. The European Commission has in recent weeks referred the Republic, Spain, France and the…...